Autopay comes in handy when you’ve got fixed, recurring bills that you don’t want to risk forgetting about every month. With it, you don’t have to worry so much about missed payments, late fees or damaged credit. It’s very much a “set it and forget it” solution in a busy world.
For 41% of millennials, autopay is the way to go, according to an MX study. But just because certain bills can be paid automatically doesn’t mean they should be.
